The Iron String Project

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The Iron String Project

The Iron String Project

@IronStringProj

The Iron String Project - Sharing old wisdom for the new mind to promote independent and original thought.

Joined Eylül 2020
1.3K Following185 Followers
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The Iron String Project
The Iron String Project@IronStringProj·
“Trust thyself: every heart vibrates to that iron string. Nothing is at last sacred but the integrity of your own mind. A man should learn to detect and watch that gleam of light which flashes across his mind from within...” -Ralph Waldo Emerson
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The Iron String Project
The Iron String Project@IronStringProj·
@ScanticAntiques @ericmmatheny I agree with the notion but I think the 10% needs changed… top 10% is household adjusted gross income of 180K. To me with current cost of living that’s starting to feel like middle class. That can be a decent blue collar job and a school teacher with kids making that.
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Eric Matheny 🎙️
Eric Matheny 🎙️@ericmmatheny·
Flat tax. Whether you make $1000 or $100 million. A fixed percentage for everybody. And that’s it. A one-page tax form. No bullshit. Everybody pays a reasonable and equitable amount. Everyone - from the wealthiest to the poorest - have skin in the game.
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The Iron String Project
The Iron String Project@IronStringProj·
@TinaKotek Adapt to what… not being able to make a pond on their property? Wasn’t it Oregon that penalized a farmer for making a livestock pond?
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Tina Kotek
Tina Kotek@TinaKotek·
Oregon’s family farms deserve a governor who fights for them. I took action to give small farms real tools to grow and thrive for generations to come. When our family farms succeed, Oregon succeeds.
Tina Kotek tweet media
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The Iron String Project
The Iron String Project@IronStringProj·
@SenWarren National sales tax on all non-food and non-utility retail purchases and services. No taxes need to be prepared, rich pay more than less wealthy due to the propensity to spend money - no tax loopholes. Used goods are exempt, so less wealthy can thrift and pay no tax.
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The Iron String Project
The Iron String Project@IronStringProj·
@FinancialPhys True for some professions, but not all. Engineering, doctors, teachers, require a college degree to certify. We do in fact have a demand for those professions and need them as a society. We don’t want engineers that self taught thru you tube designing bridges.
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Financial Physics
Financial Physics@FinancialPhys·
College is a scam Stay out of school kids
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The Iron String Project
The Iron String Project@IronStringProj·
@MakeTrying27534 @WallStreetApes @grok Because I watched a part time waitress and a minimum wage mill worker provide me and my siblings with all the basic necessities in a good home, with decent cars, cable tv, even extras. Same situation today wouldn’t be possible.
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Wall Street Apes
Wall Street Apes@WallStreetApes·
American says both his grandparents were school teachers. One of them stopped working to raised their kids, so their income was only about $20,000 per year On $20,000 in a year, he was able to buy a house, support a family of four, buy 2 cars, send my father to private school. He was even able to retire 10 years early He says this kind of life is now impossible and that’s why young people feel “hopeless” “But in 2026, our government, our society is geared solely towards maintaining the wealth and comfort of the boomer generation. Every year without fail, proposals that help young people, proposals that help poor people, first time home buyers, yada, yada, yada fail in Congress. — But every year, hundreds of billions of dollars in Social Security increases sail through the chambers of Congress without a second thought. There is really no support system for the younger generation at this point.” “Most people are trying to come to grips with the fact that they are never going to be able to retire at all, let alone retire 10 years early. It's just not the same world that it was, not even close.” - Roughly 80% of Boomers were able to buy homes - High estimates of Gen Z say only around 20-27% will be able to buy a home (this seems very generous)
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The Iron String Project
The Iron String Project@IronStringProj·
@MakeTrying27534 @WallStreetApes @grok They do as well. Many of them are living at home working multiple jobs and saving. Skipping college altogether to avoid debt etc. difference is average house hold income is 85k and minimum income to mortgage the average single family residence is 111k… you don’t see the problem?
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Trying2MakeSense
Trying2MakeSense@MakeTrying27534·
@IronStringProj @WallStreetApes @grok They can work more than 1 job, as I did. While I raised 2 sons as a single parent. I bought a modest house (1240 SF). We ate at home. Found inexpensive and free things to do for entertainment. I sacrificed. I worked, no one gave me anything for free.
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The Iron String Project
The Iron String Project@IronStringProj·
@MakeTrying27534 @WallStreetApes @grok I guess the point is why do people in your generation always feel like it was harder for you, like these younger gens don’t do those things. I mean there are Gen Z sleeping in their cars while working full time. You act like the work ethic and frugal mindset disappeared it didn’t
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Trying2MakeSense
Trying2MakeSense@MakeTrying27534·
@IronStringProj @WallStreetApes @grok I worked 3 jobs, raised 2 sons without public assistance. I bought a house. I cooked our meals, we rarely ate dinner out. We had 1 phone in the house. I baked and made our treats. Do you seriously believe it was easier for me? It was not.
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The Iron String Project
The Iron String Project@IronStringProj·
@MakeTrying27534 @WallStreetApes @grok You do realize millennials are in their 30s and 40s right? I can waste money if I want to, as I have disposable income. The point is these younger gens face a situation where total $ need exceeds total income. They could waste $0 and still not have enough - get it?
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The Iron String Project
The Iron String Project@IronStringProj·
@MakeTrying27534 @WallStreetApes In the 1970s, basic monthly costs for a single person (rent, food, utilities, transport) averaged ~$330. Federal min wage averaged ~$2.30/hr across 1970-1980 (started at $1.60, rose to $3.10). Full-time (40 hrs/wk): ~$398 gross/month.
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The Iron String Project
The Iron String Project@IronStringProj·
@MakeTrying27534 @WallStreetApes The average minimum wage is $9.3 nationally. That yields $1,612 per month pre tax. This means your average untrained and unskilled high school graduate would need more than two full time jobs (after tax) to meet the basic necessities for a single person. But skip the drink…
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The Iron String Project
The Iron String Project@IronStringProj·
@Mangan150 @MatrixMysteries It’s not the interest, it’s the interest on the interest. Forced consolidation, ill defined recapitalization of accrued interest trigger events, and ever changing terms and plans is the problem. It’s not as simple as you knew what you signed up for.
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MatrixMysteries
MatrixMysteries@MatrixMysteries·
An American checks her student loans. She borrowed $49,548.74. After 120 payments, she’s paid $25,558.36. Her current balance? $50,121.33. After paying $25k… she now owes MORE than she originally borrowed. This isn’t aid — it’s a SCAM.
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Governor Tina Kotek
Governor Tina Kotek@GovTinaKotek·
Oregon’s family farms are the backbone of our rural communities, and House Bill 4153 helps ensure they can continue to grow and thrive. This new law gives farmers more flexibility to expand and grow while preserving the farmland that makes our state special.
Governor Tina Kotek tweet media
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𓅃 UAE Exotic Falconry & Finance
𓅃 UAE Exotic Falconry & Finance@FalconryFinance·
they will not rest until every form of life is eliminated from this Earth if it takes any amount of effort to understand or accommodate
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The Iron String Project
The Iron String Project@IronStringProj·
@TrishSumner1 @L77884Stephanie @WallStreetApes The average annual income for a family is currently 85k, the minimum annual income to qualify for a loan for the average single family starter home is 110k - see the issue? Having used furniture and no cell phone isn’t going to fill a 25k gap annually.
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The Iron String Project
The Iron String Project@IronStringProj·
@TrishSumner1 @L77884Stephanie @WallStreetApes The point is Trish, that no amount of petty saving like that accounts for the lack of purchasing power of the dollar and the 5x+ income to home price ratio. Boomers enjoyed home prices 2-3x the annual income. Now it’s 5x the annual income.
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Wall Street Apes
Wall Street Apes@WallStreetApes·
Young Americans are having mental breakdowns realizing the cost of rent, gas and life means they’ll never be able to afford anything They are breaking down knowing that no matter how much they work, it all just goes to monthly bills they still cant afford This is unsustainable
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AmericanPapaBear™
AmericanPapaBear™@AmericaPapaBear·
🚨MUST SEE: This KAREN did not like these kids fishing near her house. She chased them down and broke one of the kids fishing rods. Then she got tossed to the ground. Karen was later arrested. Don't be like Karen.
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